Roger Montgomery, page-124

Just recently stumbled across this thread. I don't really have a strong opinion about him going quiet on the stock. If you were a unit holder in the fund, and he turned from a buy on the stock and told the public it was a sell before the fund started selling , well probably his fund would have exited at 2.50 or lower rather than 3. Well actually I probably think his mistake was being very overly bullish on the stock in the first place, perhaps he shouldn't promote his buy ideas as much. He backed himself into a corner. However if you buy on the back of an analyst on TV saying it is a buy I don't believe that analyst has a responsibility to act as your client advisor and alert you ASAP when he changes his mind.

However I come from another angle thinking tonight could be a MASSIVE issue in terms of companies providing disclosure. In recent years it has been a hot topic. The analyst tonight on YMYC pretty much as close as you can in my mind admitted that the montgomery fund were briefed about the results outlook for the company well before the market. This enabled them to exit at $3 versus everyone else more like 2.50. He made a poor effort about linking his fund selling because of Macau figures recently and competition from aristocrat. However it is funny how those two well known factors only became apparent after talking to management. I wonder if we will hear more on this topic. It seems to be the company provided WAY too much info to montgomery fund.